Author Archives: Syndicated Content
Morgan Stanley flags risk oil price rally will lead to a fall
(Reuters) - Oil prices have quickly climbed to levels that raise the risk of price falls as demand is fragile, Morgan Stanley said on Monday, as benchmark crude hit its highest in three months. Oil cl...
Jun 08, 2020
ABBA’s Bjorn speaks out in support of Black Lives Matter protests
STOCKHOLM (Reuters) - "The world is full of idiots," said ABBA's Bjorn Ulvaeus, as he condemned critics of the Black Lives Matter movement and voiced his support of the worldwide protests against raci...
Jun 08, 2020
Japan’s SBI Holdings to set up entity to invest in local businesses
TOKYO (Reuters) - Japanese financial group SBI Holdings Inc said on Monday it plans to set up an entity to invest in regional businesses with state-backed Development Bank of Japan [DBJPN.UL] and Shin...
Jun 08, 2020
Luxury automakers outpace China’s May passenger car sales recovery
SHANGHAI (Reuters) - China's premium and luxury passenger car retail sales jumped 28% from a year earlier, the best performing sector as the industry, the China Passenger Car Association said, as the ...
Jun 08, 2020
CrossFit chief sorry for tweet on Floyd killing after report of Reebok split
(Reuters) - CrossFit founder Greg Glassman has apologized for a tweet that equated the police killing of a black man in the United States to the COVID-19 pandemic, after it drew widespread criticism a...
Jun 08, 2020
Nokia’s broadband business boosted as COVID-19 pressures networks
By Supantha Mukherjee and Anne Kauranen (Reuters) - Finnish telecom equipment maker Nokia is seeing a pick up in orders as its broadband clients race to upgrade networks to meet higher user demand dur...
Jun 08, 2020
German public electric car charging network grows by 60%: BDEW
FRANKFURT (Reuters) - Germany's public network for electric vehicles expanded by 10,000 charging spots, an increase of nearly 60%, in the last year, the country's electricity lobby said on Monday. The...
Jun 08, 2020
Felling of British slave trader statue heats up simmering debate
By Estelle Shirbon LONDON (Reuters) - The toppling by anti-racism protesters of a statue of a slave trader in the English port city of Bristol has given new urgency to a debate about how Britain shoul...
Jun 08, 2020
Exclusive: EU has concerns about Fiat, PSA deal, may need concessions – sources
BRUSSELS (Reuters) - EU antitrust regulators are concerned about Fiat Chrysler and Peugeot car maker PSA's combined high market share in small vans and may require concessions to clear their $50 billi...
Jun 08, 2020
Tesla China sold 11,095 Model 3 vehicles in May, triple April’s volume: CPCA
SHANGHAI (Reuters) - U.S. electric vehicle maker Tesla Inc sold 11,095 Shanghai-made Model 3 vehicles in China in May, more than triple the volume seen in April, according to the China Passenger Car A...
Jun 08, 2020
